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 Video: What is a Stock Split?
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| Equus Total Return is a closed-end management investment company that is treated as a business development company (BDC). Co. provides financing solutions for privately held middle market and small capitalization companies. Co.'s investments consist of debt securities including subordinated debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock. Co. had active investments in the following entities or portfolio companies: 5th Element Tracking, LLC, a technology holding company; Equus Energy LLC, which makes investments in companies in on oil and gas properties; and PalletOne, Inc., a wooden pallet manufacturer. According to our EQS split history records, Equus Total Return has had 1 split. | |
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Equus Total Return (EQS) has 1 split in our EQS split history database. The split for EQS took place on November 29, 2001. This was a 110 for 100 split, meaning for each 100 shares of EQS owned pre-split, the shareholder now owned 110 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as Equus Total Return splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the EQS split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Equus Total Return shares, starting with a $10,000 purchase of EQS, presented on a split-history-adjusted basis factoring in the complete EQS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$1.99 |
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| End price/share: |
$1.23 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-38.19% |
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| Average Annual Total Return: |
-4.70% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,179.97 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/29/2001 | 110 for 100 |
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